Kara Connect raises €1.5m led by Crowberry Capital

Kara Connect raises €1.5m led by Crowberry Capital

Kara Connect, the communication and business platform for health and educational professionals, just announced a €1.5m (180m ISK) funding round led by Crowberry Capital, with participation from individuals.

,,Kara plans to revolutionize access to health services and therapy,” says Jenný Ruth Hrafnsdóttir, GP at Crowberry Capital who takes a seat on the board of directors of Kara. “The company has already shown amazing traction and great results with speech therapists who are using the Kara platform. We believe that Kara Connect is on trend and the founding team is passionate about building a global business.”

Kara Connect is a business and communications platform that allows professionals to easily connect with clients, improving access to professional healthcare and extracurricular educational services.

The funding will allow Kara Connect to expand into Scandinavian markets. The company, which is founded in Iceland, has already seen more than 1000 Icelandic clients complete more than 9000 hours of teletherapy sessions with dozens of specialists that use Kara Connect.

“Rapid advancements in technology and increasing work-loads pose great
challenges for specialists providing their clients with therapy and support,” says CEO and founder Thorbjorg Helga Vigfusdottir. “Kara offers them a secure virtual office as well as a state of the art teleservice platform,“

Thorbjorg adds: “Our goal today is to break into sales and marketing in Scandinavia, as well as developing the Kara software even further.“

Kara Connect has previously received grants from the Technology Development Fund.

The featured image is of Crowberry Capital and Kara Connect signing the funding documents.